News Archives

Join the CU DEI Collective today

Join the CU DEI Collective today

Almost two years ago, the Credit Union system came together to form the CU DEI Collective, an organization devoted to advancing Diversity, Equity and Inclusion (DEI) in our industry.  As April is Diversity Awareness month, [...]

Five steps to avoid overdraft litigation

Law firms are targeting community banks and credit unions for their overdraft practices. While regulatory changes have been few in recent years, litigation is increasingly putting pressure on banking practices. Learn what the industry is [...]

Use data to help members better manage everyday spend

Use data to help members better manage everyday spend

The widespread economic challenges resulting from the pandemic have proven that most people aren’t planning for their financial futures in terms of years but rather in weeks or even days. In fact, the overwhelming [...]

A force for good in banking

A force for good in banking

Five years ago, Clearwater Federal Credit Union ($752.8M, Missoula, MT) was feeling the pressures of a mid-size shop. It wasn’t quite large enough to operate at scale, and its growth was limited by [...]

Improve your stories in 3 words

Improve your stories in 3 words

I didn't realize how much I had to learn about storytelling until I needed to create the most important stories of my career.  For over a year, I worked on Side Effects for the National [...]

FHFA announces extension of COVID-related loan flexibilities

FHFA announces extension of COVID-related loan flexibilities

The Federal Housing Finance Agency (FHFA) announced Wednesday that Fannie Mae and Freddie Mac (the Enterprises) will extend some temporary loan origination flexibilities until May 31, 2021. All temporary flexibilities were originally set to expire [...]

$8B in PPP loans made last week; lawmakers review fraud

$8B in PPP loans made last week; lawmakers review fraud

Lenders are continuing to get small businesses access to credit through the Small Business Administration's (SBA) paycheck protection program (PPP). According to new data released by the agency, roughly $8 billion of loans were approved [...]

Development, engagement key to retention

Development, engagement key to retention

Often the talent an organization seeks can be found in an employee who is already working for the organization. The key is to create a strategy that develops, engages, and retains those employees, says Nolan [...]